Hi Ronsteib,
Without even looking at any numbers, I would expect that Byron would have a greater worth than Otto. Reason being is that Byron has found the oil, and it seems that their technology works well. Otto is only an investor here. Byron hold other leases that Otto will not be involved in now that Byron will be generating revenue.
I do understand that if you only look at sm71 and Biv peak that valuations should be similar or in Otto's favour. Market must be looking longer term.
Byrons management has been absolutely impeccable for a long time now. They will be making many investors very comfortable in buying Byron shares. This will also be carrying a lot of weight IMO.
Based on all of the above IMO Byron will be finding a lot of oil in the future.
- Forums
- ASX - By Stock
- SM71 expected 2P reserves ?
Hi Ronsteib, Without even looking at any numbers, I would expect...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BYE (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
0.001(1.96%) |
Mkt cap ! $56.09M |
Open | High | Low | Value | Volume |
5.1¢ | 5.2¢ | 5.1¢ | $61.39K | 1.195M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1333463 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 192177 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1233463 | 0.051 |
2 | 31072 | 0.050 |
1 | 131066 | 0.049 |
3 | 370000 | 0.048 |
2 | 1050000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 31500 | 2 |
0.053 | 8547 | 1 |
0.054 | 48433 | 2 |
0.056 | 31988 | 1 |
0.058 | 6000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BYE (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online